Minot, N.D. ( TheStreet) -- Oil and gas exploration company Continental Resources (CLR - Get Report) has the biggest footprint and is the leading oil producer in the booming Bakken Shale basin of North Dakota, an advantage in a market of seesawing prices.What's more, its technological expertise in so-called unconventional drilling processes that it has honed here should prove invaluable elsewhere. There are several other known, but still untapped, areas with similar geology as the Bakken throughout North America, Mexico and in Russia's Siberia where Continental's expertise could open vast new resources.
Continental Resources Goes High-Tech in Bakken Oil Field
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts